LAWS5234 Taxation of Trusts
- 6 points
Availability Location Mode Non-standard teaching period UWA (Perth) Face to face
- This unit covers the complex Australian taxation of trusts in relation to both domestic and foreign trusts. Core issues examines are—the nature of a trust; trusts in tax legislation; the statutory scheme in trust taxation; present entitlement; streaming of trust income; anti-avoidance; trust losses; capital gains and trusts; taxation of non-resident trusts and taxation of non-resident trust beneficiaries.
- Students are able to (1) demonstrate a thorough understanding of the core principles of Australian trust taxation in both a domestic and international context; (2) critically evaluate the law in the fields relating to the concepts of a trust and present entitlement; (3) analyse the controversies in the taxation of trusts in Australia; (4) apply the income tax act to a range of trust scenarios both domestic and international; (5) apply law in relation to anti-avoidance, trust losses and income streaming to trust scenarios; (6) use appropriate research methods to answer complex questions in relation to trust taxation; find, understand and apply a wide range of legal and academic sources to trust taxation issues; (7) effectively communicate, both in writing and orally, their analyses and conclusions in relation to trust taxation; and (8) organise their work effectively and work autonomously, and reflect upon and use feedback.
- Indicative assessments in this unit are as follows: (1) research essay; (2) examination; and (3) in-class presentation and participation. Further information is available in the unit outline.
Supplementary assessment is not available in this unit.
- Unit Coordinator(s)
- Winthrop Professor Nolan Sharkey
- Unit rules
- Advisable prior study:
- previous study
orknowledge of tax law is strongly advised
- Contact hours
- Students must attend every day of the intensive period, Monday 2 to Friday 6 December. Refer to the timetable website for further information.
- The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
- All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
- Books and other material wherever listed may be subject to change. Book lists relating to 'Preliminary reading', 'Recommended reading' and 'Textbooks' are, in most cases, available at the University Co-operative Bookshop (from early January) and appropriate administrative offices for students to consult. Where texts are listed in the unit description above, an asterisk (*) indicates that the book is available in paperback.